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HomeMy WebLinkAboutL 11126 P 91 Form 8002` —nargain and Bale Deed,with Covenant against Grantor's Acte—lndivldual or Corporation. (single sheet) C CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. i.;Zya -I o s 'y- 3 7 1112SPC091 C)� THIS INDENTURE,made the day of nineteen hundred and BETWEEN 14th August ninety Herbert R. Mandel and RDpiaac11h��ard Israel, d/b/a DBM Co. , .a New York 0 p0 partnership with pri5ECT10N office%A7443 Main £6feet, Greenport, New York DISTRICT E0 I �I�I party of the first ytrt, an 12 17 21 20 Z367 Wayne Langer and Deborah Langer Els wi $e� Pr9--Boer ?T5 3 ?&r PCOVASA A✓:. NY Yii99$ 4 CUTcµoLv. 11935- party of the second part, WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideration paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or successors and assigns of the party of the second part forever, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot # 37 on a certain map entitled, "Map of Highpoint Meadows, Section Two" which map was filed in the Suffolk County Clerk' s Office on 3/19/1990 as Map No. 8911. Subject to the following covenant and restriction which shall run with the land to be binding upon the land, the heirs, successors, and assigns of both the party of the first part and the party of the second part: the party of the first part or assigns shall be reimbursed the sum of $2, 570.00 by the party of the second part, or their successors and assigns at the time the Town of Southold issues a building permit for the construction of a single family residence on the property conveyed herein. This sum of money constitutes reimbursement for that portion of the "consumer hook- up deposit per dwelling unit" which has been advanced on behalf of the party of the second part by DBM Co. , the party of the first 90 part, to the Village of Greenport. Being and intended to be a portion of the premises conveyed by deed ° I dated 4/24/90 and recorded in the Office of the Clerk of Suffolk Ien°i County 5/9/90 in Liber 11064 page 193 . er"rtna°�'oi TAX MAP DESIGNATION Dist. /Odd f; TOGETHER with the appurtenances Sec. 05'f(00 and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of Blk. 60 the party of the second part forever. Lot(s): AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said premises have been encumbered in any way whatever, except as aforesaid. / AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of 01 50 ,'1"'0 the first part will receive the consideration for this conveyance and vrilLho4d the right to receive such consid- eration as a trust fund to be applied first for the purpose of payingthe.cos( "othe improvement and will apply the same first to the payment of the cost of the improvement before`tisinglarip-part of the total of the same for any other purpose. The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNESS WHEREOF, the party of the first pa` uly executed this dee a day and year first above written. 3 !/ DBM/(�J� IN PRESENCE OF: / / •., AUG 24 1990 EDWARD?.ROMAMIE �,:t r "R CLERK OF SUFFOLK WWII r o. PUb CO. �Ul . 4 BY. [ Richard Israel F i Partner